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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRCHF
Open High Low IDRCHF Price Change
0.007002 0.007008 0.006936 0.006961 -0.000041
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term up The long term trend has been UP since May 1st, 2018 at 0.007140

intermediate term down The intermediate term trend has been DOWN since May 21st, 2018 at 0.007040

short term up The short term trend has been UP since Jul 10th, 2018 at 0.006928

Smart Scan Analysis for IDRCHF

Based on a pre-defined weighted trend formula for chart analysis, IDRCHF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007002 0.007008 0.006936 0.006961 -0.000041
Prev. Close Volume Bid Ask Time
0.007002 0.006961 0.006962 2018-07-16 12:08:36
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